€ 237 000

€ 4 740 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

1 bedroom Apartment in Limassol, Cyprus No. 25561

Bedrooms

Bathrooms

50 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

25561
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

1
Floor

2

Bathrooms

1
Square

50 sq.m.
Veranda area

9 sq.m.
To sea

1.4 km
Completion date

IV quarter, 2025
Completed

No

Property Description

New modern 1 bedroom apartment in a new project located in Limassol's Agios Nicolaos area. The residences is an exclusive collection of 11 luxurious apartments. The complex offers a variety of 1 and 2-bedroom apartments, including stunning penthouses with private roof gardens and pools. Each apartment boasts premium finishes and modern amenities, promising a lifestyle of comfort and sophistication. Conveniently located near the city's attractions and beautiful beaches, Residences redefines modern living in Limassol, offering a statement of success and a commitment to a life well-lived. Each apartment has one parking space. The main entrance of the building is secure and camera-controlled. Thermo-aluminum window frames with double glazing. Italian ceramic tiles in the bathroom. High-quality plumbing from European brands. Custom kitchen cabinets and wardrobes. High-quality finish of laminated wooden floor. High-quality entrance doors. Infrastructure for separate air conditioners in all rooms. The countertop is made of artificial granite. Means for underfloor heating. Wiring for VRV air conditioning. High ceilings (3.10 m).

Features

Veranda

Storage room

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524